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The S&P 500 reached an all-time closing high on a tech rally while Treasury yields eased from recent peaks. The dollar fell to a two-week low against a basket of currencies after an unexpected rise in U.S. jobless claims.
Softer yields and a weaker dollar support commodity prices in general. Feed markets would see only a minor indirect effect from this broad market move.
reuters.comStephen CulpApr 8, 2021Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
